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Bio PE Pouches Market Share to witness steady rise in coming decade | BASF SE, Biome Tech, Corbion N.V.
Bio PE Pouches Market
Read more about Bio PE Pouches Market here: https://www.globalinsightservices.com/reports/bio-pe-pouches-market/
Bio PE pouches are made from a biodegradable plastic called polyethylene. This plastic is made from renewable resources, such as corn or sugar cane, and is designed to break down in the environment. Bio PE pouches are an alternative to traditional plastic pouches, which can take hundreds of years to decompose.
Key Trends
The key trends in Bio PE Pouches technology are:
1. Increased use of bio-based polyethylene: Polyethylene is the most common plastic used in pouches, and its use is expected to continue to grow. However, there is an increasing trend towards using bio-based polyethylene, which is made from renewable resources such as sugar cane or corn.
2. Increased use of recycled materials: There is also a trend towards using more recycled materials in pouches. This is because recycled materials have a lower environmental impact than virgin materials.
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Key Drivers
The key drivers of the Bio PE Pouches market are the increasing demand for biodegradable packaging and the rising awareness about the environmental impact of plastic packaging.
The Bio PE Pouches market is expected to grow significantly in the next few years, owing to the increasing demand for sustainable packaging solutions.
Market Segmentation
The Bio PE Pouches Market is segmented by type, application, and region. By type, the market is bifurcated into biodegradable plastic and non-biodegradable plastic. By biodegradable plastic type, it is divided into polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), polybutylene succinate (PBS), polyhydroxyalkanoates (PHA), starch blends, and others. By non-biodegradable plastic, it is divided into Polyethylene (PE), Polyethylene Terephthalate (PET), Polyamide (PA), Polypropylene (PP), PEF, PTT, and others. By application, the bioplastics market size is categorized into packaging, agriculture, textile, consumer durable, and others. By region, the market is studied across North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Bio PE Pouches Market are BASF SE, Biome Tech, Corbion N.V., Danimer Scientific, Dow Inc., Eastman Chemical, Kuraray, Mitsubishi Chemical Holdings, Novamont, and PTT Global.
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